Posts Tagged ‘epc contracts’
Managing EPC Contracts in the Energy Sector
Why Choose this Training Course As the Energy industry matures; competition has intensified as organisations seek different ways in which to achieve a sustainable competitive advantage. One response to this has been to adopt a form of ‘risk transfer’ via outsourcing to make another party the ‘bearer’ of risk – i.e. appointing a contractor company…
Read MoreManaging EPC Contracts in the Energy Sector
Why Choose this Training Course As the Energy industry matures; competition has intensified as organisations seek different ways in which to achieve a sustainable competitive advantage. One response to this has been to adopt a form of ‘risk transfer’ via outsourcing to make another party the ‘bearer’ of risk – i.e. appointing a contractor company…
Read MoreManaging EPC Contracts in the Energy Sector
Why Choose this Training Course As the Energy industry matures; competition has intensified as organisations seek different ways in which to achieve a sustainable competitive advantage. One response to this has been to adopt a form of ‘risk transfer’ via outsourcing to make another party the ‘bearer’ of risk – i.e. appointing a contractor company…
Read MoreManaging EPC Contracts in the Energy Sector
Why Choose this Training Course As the Energy industry matures; competition has intensified as organisations seek different ways in which to achieve a sustainable competitive advantage. One response to this has been to adopt a form of ‘risk transfer’ via outsourcing to make another party the ‘bearer’ of risk – i.e. appointing a contractor company…
Read MoreManaging International EPC Contracts in Global Power Industry
Why Choose this Training Course As the International Oil and Gas industry matures; competition has intensified as organisations seek different ways in which to achieve sustainable competitive advantage. One response to this has been to adopt a form of ‘risk transfer’ via outsourcing to make another party the ‘bearer’ of risk –i.e. appointing a contractor…
Read MoreWhat is the Contractual Structure of EPC Contracts?
Estimated reading time: 7 minutes EPC (Engineering, Procurement and Construction) contracts is a common form of contracting agreement found in the Construction and Oil and Gas industry. The engineering and construction contractor will carry out the detailed engineering design of the project, procure all the equipment and materials necessary and lastly construct to deliver a…
Read MoreUnderstanding Costings in EPC Contracts
Estimated reading time: 4 minutes As global demand for power generation continues to grow, there is a growing shift in both the pricing and costing methodologies employed by turnkey contractors. This is largely due to the client or owner wishing to ensure that all (or most) of the risk exposure is to be…
Read More5 Best Practices for Negotiating EPC Contracts
Estimated reading time: 5 minutes When managing Engineering, Procurement and Construction (EPC) contracts, it is important to be able to negotiate effectively through taking measurable steps to improve your negotiating position to have the upper hand. Especially for EPC contracts, where projects are complex and huge in scale, achieving optimal results requires a well-prepared comprehensive…
Read MoreEPC Wrap Agreements in Power Projects
Estimated reading time: 4 minutes The increasing demand for energy has led to an intensification of competition – not only between organisations within the same sector (i.e. coal power generation), but also from the growing alternative energy markets. The rise of ‘clean’ energy has led to a concerted, yet diverse technological development within fields…
Read MoreApplication of EPC contracts in the Global Power Industry
Estimated reading time: 2 minutes The private sector is learning more towards more Engineering, Procurement and Construction (EPC) contracts when taking on large scale infrastructure projects. In every project, it is necessary to have good contract management in place; otherwise it can have negative consequences for all stakeholders involved. It will also affect the…
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